Encorp denies selling mall for RM400mil


PETALING JAYA: Encorp Corp Bhd has refuted market talk that it is selling Encorp Strand Mall in Kota Damansara for RM400mil.

In response to queries from StarBiz, group chief executive officer Yeoh Soo Ann said this was not true and that preparations were currently in full swing for the mall’s grand opening in April. “The Encorp Strand Mall is projected to strengthen the group’s financial performance for the financial year ending 2014,” Yeoh added.

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